{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular}{l*{7}{c}}
\toprule
                &\multicolumn{7}{c}{National unemployment (percent)}                  \\\cmidrule(lr){2-8}
                &\multicolumn{1}{c}{(1)}&\multicolumn{1}{c}{(2)}&\multicolumn{1}{c}{(3)}&\multicolumn{1}{c}{(4)}&\multicolumn{1}{c}{(5)}&\multicolumn{1}{c}{(6)}&\multicolumn{1}{c}{(7)}\\
\midrule
                &         &         &         &         &         &         &         \\
Posterior: Recession (a)&0.671\sym{***}&0.726\sym{***}&0.759\sym{***}&1.043\sym{***}&0.977\sym{***}&1.135\sym{***}&0.872\sym{***}\\
                &  (0.151)&  (0.155)&  (0.147)&  (0.239)&  (0.169)&  (0.340)&  (0.186)\\
                &         &         &         &         &         &         &         \\
Posterior: Recession $\times$ (b) &    0.395&         &         &         &         &         &         \\
High education  &  (0.263)&         &         &         &         &         &         \\
                &         &         &         &         &         &         &         \\
Posterior: Recession $\times$ (b) &         &    0.393&         &         &         &         &         \\
High earnings   &         &  (0.284)&         &         &         &         &         \\
                &         &         &         &         &         &         &         \\
Posterior: Recession $\times$ (b) &         &         &    0.385&         &         &         &         \\
Age$>$44        &         &         &  (0.312)&         &         &         &         \\
                &         &         &         &         &         &         &         \\
Posterior: Recession $\times$ (b) &         &         &         &   -0.272&         &         &         \\
Female          &         &         &         &  (0.282)&         &         &         \\
                &         &         &         &         &         &         &         \\
Posterior: Recession $\times$ (b) &         &         &         &         &   -0.223&         &         \\
Non-cyclical industry&         &         &         &         &  (0.275)&         &         \\
                &         &         &         &         &         &         &         \\
Posterior: Recession $\times$ (b) &         &         &         &         &         &   -0.298&         \\
Never unemployed&         &         &         &         &         &  (0.371)&         \\
                &         &         &         &         &         &         &         \\
Posterior: Recession $\times$ (b) &         &         &         &         &         &         &    0.032\\
Low county unemployment&         &         &         &         &         &         &  (0.267)\\
                &         &         &         &         &         &         &         \\
Pr(a+b)=0       &    0.000&    0.000&    0.000&    0.000&    0.000&    0.000&    0.000\\
                &         &         &         &         &         &         &         \\
Observations    &     1124&     1124&     1124&     1124&     1088&     1124&     1106\\
                &         &         &         &         &         &         &         \\
First stage F-stat (a)&    54.66&    48.23&    50.58&    29.03&    49.47&    14.58&    37.18\\
First stage F-stat (b)&    74.95&    71.75&    68.18&    69.22&    67.85&    69.25&    68.07\\
\bottomrule
\end{tabular}
}
